Dividend Yield (TTM)
0.46%
vs 5Y avg 0.89% · 10Y avg 0.84%
Dividend Yield (Forward)
0.62%
4 payments/yr (spacing)
Dividends / Share (TTM)
$5.64
Forward (annualized): $7.52
Payout Ratio (EPS, TTM)
5.9%
Payout Ratio (FCF, TTM)
13.0%
Dividend CAGR (3Y / 5Y / 10Y)
3Y4.4%5Y4.4%10Y-1.0%
Consecutive Growth Years
8
as of 2025
Years Without a Cut
8
as of 2025
Total Shareholder Yield (TTM)
3.08%
Div 0.64% + Net buyback 2.43%
Growth, streak and CAGR figures exclude special dividends.
Statement cash flows converted from the reporting currency at each fiscal year's average rate (vendor forex_rate).
Dividends per share
Cash dividends, split-adjusted · USD
Payout ratio
Dividends per share ÷ diluted EPS and ÷ free cash flow per share, by fiscal year.
Dividend yield
Trailing-twelve-month dividends ÷ month-end price.
Capital returns
Net buybacks = repurchases − stock issuance, fiscal-year cash flows. SBC shown for dilution context.
Total Shareholder Yield (TTM)
3.1%
Dividends 0.6% + Net buybacks 2.4%
Net Buyback (TTM)
€106M
Gross €106M − Issuance €0
SBC (TTM)
€5M
Share-based compensation, dilution driver
Net share-count change % / yr
Annual dividend growth
Dividend growth is steady (4.7% latest vs 4.4% 3-yr avg).
| Year | DPS (regular sum, USD) | Change | Hikes | |
|---|---|---|---|---|
| 2025 | 7.20 | +4.7% | 1 | |
| 2024 | 6.88 | +4.2% | 1 | |
| 2023 | 6.60 | +4.4% | 1 | |
| 2022 | 6.32 | +4.6% | 1 | |
| 2021 | 6.04 | +4.1% | 1 | |
| 2020 | 5.80 | +4.3% | 1 | |
| 2019 | 5.56 | +4.5% | 1 | |
| 2018 | 5.32 | +318.9% | 1 | |
| 2017 | 1.27 | -47.5% | 1 | |
| 2016 | 2.42 | -69.6% | 0 | |
| 2015 | 7.95 | -22.1% | 1 | |
| 2014 | 10.20 | — | 0 |
Special dividends are excluded from these figures. Based on 45 regular payments.
Payment history (45 payments)
| Δ% | Type | Frequency | Declaration | Record | Pay date | ||
|---|---|---|---|---|---|---|---|
| 2026-07-16 | $1.88 | 0.0% | Cash | quarterly | 2026-05-05 | 2026-07-16 | 2026-08-06 |
| 2026-04-16 | $1.88 | 0.0% | Cash | quarterly | 2026-02-25 | 2026-04-16 | 2026-05-07 |
| 2026-02-04 | $1.88 | +4.4% | Cash | quarterly | 2026-01-15 | 2026-02-04 | 2026-02-19 |
| 2025-10-16 | $1.8 | 0.0% | Cash | quarterly | 2025-09-10 | 2025-10-16 | 2025-11-06 |
| 2025-07-17 | $1.8 | 0.0% | Cash | quarterly | 2025-05-06 | 2025-07-17 | 2025-08-07 |
| 2025-04-17 | $1.8 | 0.0% | Cash | quarterly | 2025-02-25 | 2025-04-17 | 2025-05-08 |
| 2025-02-03 | $1.8 | +4.7% | Cash | quarterly | 2025-01-16 | 2025-02-03 | 2025-02-20 |
| 2024-10-17 | $1.72 | 0.0% | Cash | quarterly | 2024-09-12 | 2024-10-17 | 2024-11-07 |
| 2024-07-18 | $1.72 | 0.0% | Cash | quarterly | 2024-05-07 | 2024-07-18 | 2024-08-08 |
| 2024-04-17 | $1.72 | 0.0% | Cash | quarterly | 2024-02-23 | 2024-04-18 | 2024-05-09 |
| 2024-01-31 | $1.72 | +4.2% | Cash | quarterly | 2024-01-18 | 2024-02-01 | 2024-02-15 |
| 2023-10-17 | $1.65 | 0.0% | Cash | quarterly | 2023-09-07 | 2023-10-18 | 2023-11-02 |
| 2023-07-18 | $1.65 | 0.0% | Cash | quarterly | 2023-05-04 | 2023-07-19 | 2023-08-03 |
| 2023-04-19 | $1.65 | 0.0% | Cash | quarterly | 2023-02-23 | 2023-04-20 | 2023-05-11 |
| 2023-02-01 | $1.65 | +4.4% | Cash | quarterly | 2023-01-19 | 2023-02-02 | 2023-02-16 |
| 2022-10-17 | $1.58 | 0.0% | Cash | quarterly | 2022-09-15 | 2022-10-18 | 2022-11-04 |
| 2022-07-18 | $1.58 | 0.0% | Cash | quarterly | 2022-05-05 | 2022-07-19 | 2022-08-05 |
| 2022-04-19 | $1.58 | 0.0% | Cash | quarterly | 2022-02-23 | 2022-04-20 | 2022-05-12 |
| 2022-02-02 | $1.58 | +4.6% | Cash | quarterly | 2022-01-20 | 2022-02-03 | 2022-02-17 |
| 2021-10-14 | $1.51 | 0.0% | Cash | quarterly | 2021-09-09 | 2021-10-15 | 2021-11-04 |
| 2021-07-15 | $1.51 | 0.0% | Cash | quarterly | 2021-05-07 | 2021-07-16 | 2021-08-05 |
| 2021-04-15 | $1.51 | 0.0% | Cash | quarterly | 2021-02-23 | 2021-04-16 | 2021-05-13 |
| 2021-02-03 | $1.51 | +4.1% | Cash | quarterly | 2021-01-14 | 2021-02-04 | 2021-02-18 |
| 2020-10-14 | $1.45 | 0.0% | Cash | quarterly | 2020-09-10 | 2020-10-15 | 2020-11-05 |
| 2020-07-15 | $1.45 | 0.0% | Cash | quarterly | 2020-05-07 | 2020-07-16 | 2020-08-06 |
| 2020-04-15 | $1.45 | 0.0% | Cash | quarterly | 2020-02-25 | 2020-04-16 | 2020-05-14 |
| 2020-02-05 | $1.45 | +4.3% | Cash | quarterly | 2020-01-23 | 2020-02-06 | 2020-02-20 |
| 2019-10-16 | $1.39 | 0.0% | Cash | quarterly | 2019-09-12 | 2019-10-17 | 2019-11-07 |
| 2019-07-17 | $1.39 | 0.0% | Cash | quarterly | 2019-05-02 | 2019-07-18 | 2019-08-08 |
| 2019-04-17 | $1.39 | 0.0% | Cash | quarterly | 2019-02-21 | 2019-04-18 | 2019-05-16 |
| 2019-02-06 | $1.39 | +4.5% | Cash | quarterly | 2019-01-24 | 2019-02-07 | 2019-02-21 |
| 2018-10-16 | $1.33 | 0.0% | Cash | quarterly | 2018-09-13 | 2018-10-17 | 2018-11-07 |
| 2018-07-18 | $1.33 | 0.0% | Cash | quarterly | 2018-05-03 | 2018-07-19 | 2018-08-08 |
| 2018-04-18 | $1.33 | 0.0% | Cash | quarterly | 2018-02-20 | 2018-04-19 | 2018-05-15 |
| 2018-02-07 | $1.33 | +4.7% | Cash | quarterly | 2018-01-18 | 2018-02-08 | 2018-02-22 |
| 2017-10-16 | $1.27 | +5.0% | Cash | quarterly | 2017-09-14 | 2017-10-17 | 2017-11-09 |
| 2016-10-17 | $1.21 | 0.0% | Cash | quarterly | 2016-09-08 | 2016-10-19 | 2016-11-10 |
| 2016-01-29 | $1.21 | -54.3% | Cash | quarterly | 2016-01-21 | 2016-02-02 | 2016-02-16 |
| 2015-07-16 | $2.65 | 0.0% | Cash | quarterly | 2015-05-14 | 2015-07-20 | 2015-08-06 |
| 2015-04-13 | $2.65 | 0.0% | Cash | quarterly | 2015-02-19 | 2015-04-15 | 2015-05-08 |
| 2015-01-29 | $2.65 | +3.9% | Cash | quarterly | 2015-01-22 | 2015-02-02 | 2015-02-13 |
| 2014-10-15 | $2.55 | 0.0% | Cash | quarterly | 2014-09-11 | 2014-10-17 | 2014-11-03 |
| 2014-07-16 | $2.55 | 0.0% | Cash | quarterly | 2014-06-05 | 2014-07-18 | 2014-08-04 |
| 2014-04-15 | $2.55 | 0.0% | Cash | quarterly | 2014-02-20 | 2014-04-17 | 2014-05-05 |
| 2014-01-30 | $2.55 | – | Cash | quarterly | 2014-01-23 | 2014-02-03 | 2014-02-10 |
Amounts are in the declared currency; the listing currency is EUR.
No splits on record.